Tuesday, April 26, 2011

1099's To Everyone Including Lowes Is Now Gone

Remember that bill that the politicians passed that was slipped into the Health Care Bill? The one that required all landlords to send 1099's to every single person they did business with including Lowes, Walmart, their Realtors, etc? Well, good news. They repealed it and it is no longer an issue. However you still are required to send 1099's to people that you pay over $600 to over the year as you always were supposed to do.


Post a Comment


Real Estate Investors of Virginia. Copyright 2009 All Rights Reserved